Credit card point value calculator

Because knowledge is power...and money

Welcome to the magical and wonderful calculator!

If you have any questions, issues, or suggestions, please contact us!

What this calculator does

Although this is the simplest calculator we have, what you use it for is very powerful. This calculator exists for you to determine the actual value of your credit card points. You can then use this knowledge to maximize your credit card rewards.

FYI: we have an infographic that goes hand-in-hand with this calculator, should I pay with credit card points or money.

Okay, how do I work it?

  1. Create the scenario of how you will spend your points. For example, buying a flight.
    • Make sure you are comparing 2 flights that you would actually take!
    • For example, don’t compare a normal daytime flight with a red eye, unless for this trip you would actually take either of those flights.
  2. Using this scenario, figure out the below:
    • (We recommend going all the way to checkout to make sure that you see the final total with all of the fees)
    • If you paid for it using only money, how much money you would spend
    • If you used points, how much money you would spend and how many points you would use
  3. Punch those numbers into the calculator.
  4. Hit calculate and check out the results!
  5. Use the infographic to decide if you should use your points.
  6. Rinse and repeat as needed, tweaking numbers to compare.

Helpful notes

The actual value of a credit card point (or mile) is determined when you use it. Yes, there are 3rd party evaluations of credit card points values, but that is theoretical. Until you use your points, their effective value is $0!

So, exactly HOW you use your points can make a massive difference in the value of your credit card rewards. You may think that you're getting 3% back, but in reality, the way you use your points makes them worth only 1%.

This may sound like splitting hairs, but at $ 2,000/month, that's still $ 480/year of difference. That can buy a cross-country flight! The point is that you need to pay attention to how you spend your points.

What else should I know about credit card rewards?

Boy, oh boy, there is a lot you can do to make loads of money off of your credit card. It's one of the many things that we talk about in our comprehensive guide on credit cards! Whether you've never had a credit card or you've had them for 20 years, you will learn something new.

It's chock full with well-researched information covering everything from credit basics to carrying a large balance to maximizing your rewards. Best of all, there are multiple walkthroughs based on different possible situations you may be in.

Check out Swipe Right, the comprehensive guide to getting the most out of credit cards
swipe right cover sheet thumbnail

Do you have other calculators?

Hecks yes, we do! We have calculators that help with multiple credit cards, credit card rewards, and more!

Check them all out on our resources page.


This document is provided for informational purposes only. We are not licensed financial advisors. Neither Helpful For Life LLC nor its associated parties will be liable for any damage, expense, or other loss you may suffer based on your reliance on this document.

Enter your info

Price if you paid with only money ($)

Price if you paid with money AND points ($)
Number of points/miles

See what they're worth

The value of your points is:

Now, figure out if you should spend them

Follow our infographic to help you make the decision.

Should I use credit card points infographic